Subscribe Free
in Maintenance

TS&S Aerospace powering lessor-friendly Trent 700 MRO packages

Posted 11 April 2017 · Add Comment

Abu Dhabi's Turbine Services & Solutions Aerospace, (TS&S Aerospace), is looking to announce three or four lessor-friendly Rolls Royce Trent 700 MRO package deals by the year end.

Delivering the keynote address at the annual Airline Engineering & Maintenance Middle East conference running on Abu Dhabi’s Yas Island, Ian Taylor, Acting Vice President, Sales and Commercial, TS&S said the company is in discussions with several globally positioned leasing companies and will tailor packages for their specific needs. 

On the conference sidelines, Taylor said the packages would be rolled-out “certainly by the end of the year, but hopefully within six months.”

Taylor said the packages are being created via “direct relationships” with the undisclosed lessors who are seeking an alternative to the Rolls Royce Trent 700 Total Care package. “We are talking to these lessors now about how we can support them,” he said. “We have got good conversations going but we need to start putting pen to paper now.” 

The ‘bespoke’ lessor-friendly packages, said Taylor, would be all-encompassing maintenance packages based on predictive maintenance costs. They would, he said, make lessors “a significant part of our business.”

In Abu Dhabi TS&S Aerospace, part of the Mubadala investment and development group, operates one of only five of the world’s officially authorized Trent 700 workshops which, according to Taylor, stand to win a share of a US $154 billion MRO spend expected for the 800-strong engine type fleet over the next 23 years. TS&S, said Taylor, is well-placed to take a significant portion of the market with the Etihad Airways fleet providing load and experience. “We have excellent capabilities inhouse which continues to be built,” said Taylor.

The TS&S Acting Vice President said he hoped more lessors would follow the example of the several the company hopes to package up. “Leasing companies are looking to come out of Total Care and the percentage of them in the programme will drop over the next 10 years or so. We are an OEM alternative which gives full transparency on materials for clients to control their costs – an approach which has been well received.” 

Taylor said the TS&S ‘bespoke’ packaging approach could prove game-changing. “We have started to change the market, we are a catalyst. We have one package with one airline already in operation and believe we can stimulate competition and unlock the asset value of the A330.”

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

EAG and Emirates Red Crescent support group travelling for Umrah as part of 'Year of Giving'

Etihad Aviation Group (EAG) has taken part in an exciting philanthropic collaboration with Emirates Red Crescent, to support a group of 15 travellers in experiencing the holy pilgrimage of Umrah.

Three lions go roaring on

The Middle East Three – or ME3, a common collective term for Qatar Airways, Etihad Airways, and Emirates – are on a roll, as Lufthansa Consulting's Guillaume Schmitt and Arvind Chandrasekhar report.

UAE Space Agency and Algerian Space Agency strengthen ties

The UAE Space Agency has signed a Memorandum of Understanding with its Algerian counterpart the Algerian Space Agency.

Etihad Airways and Jet Airways sign agreement with Government of Maharashtra

Etihad Airways and strategic partner Jet Airways, India's full-service premium international carrier, have signed an agreement with the Government of Maharashtra to promote tourism to the western Indian state.

Flydubai named Best Low-Cost Airline serving the Middle East

Flydubai was named “Best Low-Cost Airline serving the Middle East” at the 2017 Business Traveller Middle East Awards held in Dubai on 23 April.

Gulf Air Appoints VFS Global to Provide Visas for Bahrain Visitors

Gulf Air has partnered with VFS Global, the largest visa service provider in the world, to facilitate visa issuance for passengers flying to Bahrain. The online visa facility will launch this summer on gulfair.com.

Honeywell ADSBSK2604260717
See us at
AIME BT1204240118EBACE17 BT0103240517Airport Show Dubai BT 2017